The diagram shows the cost and revenue curves of a monopolist.
The monopolist is currently producing output $O{Q_1}$ and charging a price $O{P_1}$.
How might the monopolist make a profit?

1 )
by adopting marginal cost pricing
2 )
by maximising sales revenue
by practising price discrimination
4 )
by reducing output to $O{Q_2}$ and charging price $O{P_2}$
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